Myriad (XMY) news

Bitcoin And Big Numbers: How Market Trends And Separators Affect Your Investments

Bitcoin, the flagship cryptocurrency, has once again found itself at the centre of financial discourse as markets struggle with economic uncertainty, inflationary pressures, and shifting monetary policies. After reaching record highs in early 2025, Bitcoin's price movements have been erratic, leading traders and investors to question the sustainability of its current range. With analysts debating the potential for another bull run or an imminent correction, understanding Bitcoin's pricing mechanisms, market influences, and fundamental concepts such as numerical formatting becomes crucial. Bitcoin Price Movements: Where Are We Now? As of mid-February 2025, Bitcoin has been trading in a volatile range, fluctuating between $90,000 and $105,000. Market sentiment has been wavering between optimism and caution, with factors such as Federal Reserve policies, macroeconomic conditions, and geopolitical tensions influencing price action. Analysts have pointed to three key themes shaping Bitcoin's trajectory: ● Interest rate speculations: The Federal Reserve's decision to halt further rate cuts due to persistent inflation has led to a shift in market expectations. With inflation stubbornly above the 2% target, the likelihood of a prolonged period of high interest rates has made speculative assets like Bitcoin more vulnerable to corrections. ● Institutional demand and accumulation: While some whales have been taking profits, institutional investors continue to accumulate BTC to bet on its long-term appreciation. The growing interest in Bitcoin exchange-traded funds (ETFs) and corporate treasury allocations has provided a foundation for sustained demand. ● Market psychology and retail participation: The Crypto Fear & Greed Index currently sits in a neutral zone, reflecting an indecisive market. Retail traders, who were highly active during Bitcoin’s previous rallies, remain cautious, waiting for a clear breakout before committing fresh capital. Source: Crypto Fear & Greed Index (as of February 17, 2025) Decimal And Thousands Separators Explained If you've ever stared at a Bitcoin price chart and been confused by dots, commas, and weird-looking numbers, you're not alone. Understanding how numbers are formatted in different countries is essential when dealing with Bitcoin prices, especially in an international market. What are Decimal and Thousands Separators? When numbers get big (like Bitcoin prices) or small (like Satoshis, Bitcoin's smallest unit), we need a way to make them readable. This is where decimal separators (to separate whole numbers from fractions) and thousands separators (to break up large numbers into chunks) come in. 1. The British/International system: In the United Kingdom, the United States, Canada, and most English-speaking countries, we use: ● A full stop (.) as the decimal separator – This means that £12.50 means twelve pounds and fifty pence. Likewise, $10,000.50 means ten thousand dollars and fifty cents. ● A comma (,) as the thousands separator – This helps break large numbers into readable chunks. For example, instead of writing 10000, we write $10,000, making it much easier to read. 2. The European/Continental system: Some European and Latin American countries flip this around: ● A comma (,) is used as the decimal separator – So, instead of $10,000.50, they would write $10.000,50. ● A full stop (.) is used as the thousands separator – Instead of $10,000, they write $10.000. 3. The Indian numbering system: India follows a unique system that groups digits differently: ● Lakh (1,00,000) and Crore (1,00,00,000) are used instead of millions and billions. ● Commas are placed differently – For example, ₹10,00,000 represents ten lakh (one million), and ₹1,00,00,000 represents one crore (ten million). 4. The SI (International system of Units) standard: The SI system, commonly used in scientific and financial documents, follows a slightly different approach: ● A thin space is used as the thousands separator – Example: 10 000.50 instead of 10,000.50. ● A full stop is used for decimals, similar to the British/International system. 5. The East Asian numbering system (used in China, Japan, and Korea): China, Japan, and Korea use a different system based on the myriad grouping (every 10,000 instead of every 1,000): ● Instead of grouping by thousands, they group by ten thousand (wan/万 in Chinese and Japanese, 만 in Korean). ● Instead of 100,000, they write 10万 (meaning ten ten-thousands). ● Instead of 1,000,000, they write 100万. ● Decimals are marked with a dot (.), but large numbers are grouped based on ten thousand. ● Examples: ○ 10,000 → 1万 ○ 100,000 → 10万 ○ 1,000,000 → 100万 ○ 10,000,000 → 1,000万 6. Currency symbols and their meaning: The $ symbol is commonly used to represent US dollars (USD) by default, especially in financial markets, trading platforms, and global discussions about Bitcoin. However, several other currencies also use the $ sign, such as Canadian dollars (CAD), Australian dollars (AUD), Singapore dollars (SGD), and Hong Kong dollars (HKD). When referring to these currencies, they are usually specified with their respective abbreviations to avoid confusion (e.g., C$10,000 for Canadian dollars or A$10,000 for Australian dollars). 7. What about Bitcoin exchanges? Crypto trading platforms and financial markets mostly follow the British/American system, meaning you’ll see: ● Bitcoin priced at $96,450.75, meaning ninety-six thousand, four hundred and fifty dollars and seventy-five cents. ● Smaller denominations displayed as $0.000450, meaning four hundred and fifty thousandths of a dollar. Most cryptocurrency exchanges use $ to refer to US dollars (USD) by default as the broader market recognises it as the universal fiat currency for trading pairs, unless explicitly stated otherwise. Source: Bitget Spot Trading Why This Matters When trading or investing in Bitcoin, using the wrong separator can lead to costly mistakes. Imagine wanting to send $10,000 (ten thousand dollars) but mistakenly entering $10.000 (ten point zero dollars) instead—ouch! Quick recap: ● UK/US/International System: $10,000.50 (comma for thousands, full stop for decimals) ● European/Continental System: $10.000,50 (full stop for thousands, comma for decimals) ● Indian System: ₹10,00,000 (comma placement for lakh/crore) ● SI Standard: 10 000.50 (thin space for thousands, full stop for decimals) ● East Asian System: 10万 (grouped in tens of thousands) ● Prices on crypto exchanges are shown with the symbol $ for USD, unless otherwise specified. Now you know! No more excuses. What's Next For Bitcoin? While Bitcoin's price movements remain uncertain, long-term indicators suggest that institutional demand and macroeconomic shifts will continue to shape the market. As inflation concerns persist and central banks navigate economic challenges, Bitcoin could really emerge as a hedge against traditional financial instability. For now, whether Bitcoin is headed for $102,000 or $88,000, the best strategy remains the same: stay informed, think critically, and always double-check your numbers.

Catizen (CATI): Revolutionizing Social Entertainment on Telegram

What is Catizen (CATI)? Catizen (CATI) is a pioneering platform that blends social entertainment with dApps. It's a vibrant digital universe where users engage in a myriad of activities from playing mini-games and watching short dramas to participating in e-commerce, all on Telegram. The platform stands out by harnessing the popularity of cats to foster a global community centered around empathy, kindness, and social responsibility. This unique approach not only entertains but also aims to create a positive impact on its users. Launched on Telegram in March 2024, Catizen quickly made waves by amassing over 10 million downloads within a mere 10 weeks. Who Created Catizen (CATI)? Catizen is the brainchild of a team led by David, CEO and co-founder of Pluto Studio & Catizen, alongside Pierce, CMO, and Stanislav, CPO. With deep expertise in gaming, investment, and technology, they are committed to transforming how users engage with digital content and each other on Telegram, driving Catizen’s mission forward with innovation and passion. What VCs Back Catizen (CATI)? Catizen has partnered with entities like TON, MANTLE, Xiaomi, and Pluto. These collaborations seem to not only provide financial backing but also expertise and technological support, which enables Catizen to innovate and expand its offerings swiftly. How Catizen (CATI) Works Catizen serves as a multifaceted platform where users immerse themselves in a virtual universe centered around cats. From educational mini-games to captivating short dramas, every facet of Catizen is designed to engage and educate. Users can participate in a variety of activities: ● Mini-Games: Catizen offers a diverse array of mini-games designed to entertain and educate. From educational content about crypto wallets to interactive challenges, these games captivate users while imparting valuable knowledge. ● Cat Breeding and Management: A unique feature allows users to crossbreed and manage virtual cats, each functioning as an NFT. Higher-level cats generate more tokens, thereby enhancing user earnings and engagement. ● Short Dramas: In addition to games, Catizen features short drama content, such as popular titles like "Identity V". This content not only entertains but also broadens the platform’s appeal, particularly among diverse demographics. ● E-commerce Integration: Catizen integrates e-commerce functionalities, allowing users to transact using CATI, the platform’s native digital currency. This feature supports everyday transactions and expands Catizen’s utility beyond entertainment. ● Decentralized Features: Embracing decentralization, Catizen operates with minimal central control, empowering users to participate actively in platform governance and management. This model fosters a community-driven environment where decisions are inclusive and transparent. Looking ahead, Catizen has outlined an ambitious roadmap for the next six months, which includes: ● Expansion of Game Center: Introducing over 200 mini-games to cater to diverse user interests and preferences. ● Launch of Educational Initiatives: Promoting crypto wallet adoption through incentives and educational content embedded within games. ● Development of E-commerce Platform: Facilitating transactions using CATI, aiming for global adoption as a digital currency. ● Integration of Short Drama Content: Diversifying content offerings to attract a wider audience base, particularly focusing on enhancing user engagement and retention. ● These initiatives aim to solidify Catizen as a leader in Web3 entertainment, fostering a global community united by a love for cats and a passion for innovative technology. CATI Goes Live on Bitget Catizen (CATI) offers a unique opportunity for traders and investors, combining social entertainment, blockchain technology, and a growing community on Telegram. With over 10 million downloads in just 10 weeks, it’s clear that the platform has strong momentum. Backed by major partners like TON and Xiaomi, and led by an experienced team, CATI's innovative approach—blending mini-games, NFTs, short dramas, and e-commerce—provides substantial long-term growth potential. As it continues to expand its offerings, now could be an opportune time to trade CATI on Bitget as part of a forward-looking investment strategy. How to Trade CATI on Bitget Listing time: September 20, 2024 Step 1: Go to CATIUSDT spot trading page Step 2: Enter the amount and the type of order, then click Buy/Sell. For detailed instructions on how to spot trade in Bitget, please read The Uncensored Guide To Bitget Spot Trading. Trade CATI on Bitget now! Further Reading Pixelverse (PIXFI): The Cyberpunk Game Changing the Face of Crypto Gaming Yescoin: The Explosive Growth of a TON-Based Swipe Game on Telegram W-Coin: The Latest Sensation Among Telegram Tap-to-Earn Games Hamster Kombat (HMSTR): The Viral Crypto Game Taking the Crypto World by Storm Blum: Redefine How Millennials and Gen Z Interact With Crypto What is Telegram Open Network (TONCOIN)? Notcoin (NOT): The Allure Of The Click What Is Notcoin? Why Everyone’s Talking About This New Telegram Crypto Game TON FISH (FISH): The First Meme Coin on TON Blockchain Gram (GRAM): The First Jetton on TON Blockchain TonUP (UP): A Launchpad for Promising Projects on The Open Network (TON) Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Common Cryptocurrency Scams: Bitget's Safety Guide

Cryptocurrency has surged in popularity over the past few years, drawing in countless investors eager to tap into the digital gold rush. However, every silver lining has a cloud. The booming crypto sector has also given birth to a myriad of scams and frauds. This article will outline these scams and give tips on how to avoid them. Phishing Scams Phishing remains a top threat. Scammers use emails, SMS, or messaging platforms, often masquerading as reputable entities or businesses. Their objective is simple – to trick individuals into revealing sensitive data such as login details, seed phrases, or private keys. Always be skeptical of unsolicited messages, and never share your private keys or passwords. Learn more: Your Guide to Defeating Phishing Scams Tips for Bitget Users: - Activate the anti-phishing code in the ‘Security ’ section. Once you’ve set up your code, it’ll be included in all official Bitget emails. - Always ensure you're on the official Bitget website by visiting the Bitget Official verification channel. Ponzi Schemes Ponzi schemes are another rampant scam in the crypto world. Here, fraudsters lure investors with the promise of lucrative and attractive returns on their crypto investments. However, they use funds from new investors to pay off earlier ones. Eventually, this house of cards crumbles, leaving investors high and dry. To sidestep Ponzi schemes, always be skeptical of investment propositions that sound too good to be true. Fake ICOs/ IEOs Initial Coin Offerings (ICOs) and Initial Exchange Offerings (IEOs) are popular fundraising avenues for budding crypto startups. But not all are genuine. Many are orchestrated by scammers who set up fake websites or social media profiles to promote their sham ICOs. Unsuspecting investors who pour money into these ventures soon find their funds vanish into thin air. To steer clear of fake ICOs/ IEOs, always conduct thorough research into the company and its team before parting with your money. Bitget's solution: Bitget Launchpad is your trusted platform for vetted projects. We meticulously select only the most promising projects, having already offered IEOs to nine handpicked projects. Hacking Attacks crypto exchanges and wallets are prime targets for hackers. These cybercriminals deploy a myriad of tactics, from phishing to malware attacks, to breach security and siphon off funds. To fortify against hacking attempts, always employ strong passwords and enable two-factor authentication, especially for your Bitget account. Pump-and-Dump Schemes A pump-and-dump scheme usually involves a group of insiders planning to buy a particular low-priced token, which is normally new and has a small market cap. The insiders then use marketing tools such as social media to spread the news about the token/ the project, hype it up to draw investors and encourage trading activity, increase demand for the stock, and drive up the price. When the token price is high, the insiders then rapidly sell off their own supply, pocketing profits and tanking the token’s value. This is when the majority of investors are stuck with mostly worthless tokens that they may not be able to liquidate quickly. Rug Pulls Derived from the idiom "pull the rug out", a rug pull in the crypto world refers to the development team suddenly withdrawing all liquidity and support from their newly launched project, leaving unsuspecting investors with nothing but a handful of worthless tokens. Rug pulls are most commonly seen in the DeFi (decentralized finance) world, and many investors, novice and seasoned alike, have fallen victim to this scam. Learn more: What is a Rug Pull? Tips to avoid Rug Pulls and Pump-and-Dump schemes ● Do your own research (DYOR). Never trust someone just because they sound persuasive. ● Be vigilant. Always play safe when you smell something fishy. ● Choose trusted exchanges to trade on. A trustworthy exchange usually requires extensive vetting and audit processes before listing a coin. Bitget, one of the world's leading crypto exchanges, is a prime example. Why Bitget? Bitget stands as a leading global centralized exchange, solidly dedicated to preventing scams and frauds. This ensures that both user funds and data remain uncompromised. When it comes to security challenges, Bitget adopts a comprehensive risk control strategy, incorporating both hot and cold wallet segregation. This approach is backed by industry giants in security technology, including Suntwin Technology, Qingsong Cloud Security, HEAP, Armors, and more. Bitget's relentless dedication to security has been validated with a place in the top 10 Exchanges by Cybersecurity Rating from Crypto Exchange Ranks (CER). We're also proud to have received 12 A+ Ratings from SSL Labs, acknowledging our efforts to shield user data and assets. At Bitget, your security isn’t just a concern—it's a promise. We consistently push boundaries to amplify our security protocols. Sign up with Bitget today and dive into a cryptocurrency trading experience where safety is paramount!

Team Member's Playbook To Conquering Bitget's KCGI 2024

Joining a team in Bitget's KCGI 2024 isn't just about trading; it's about becoming part of a dynamic community that pushes one another towards greatness. As a team member, you'll benefit from shared knowledge, diverse strategies, and the collective strength of your teammates, which can significantly enhance your trading performance. It’s the perfect opportunity to learn from seasoned traders, contribute your unique insights, and experience the power of collective effort in achieving spectacular results. Key Dates To Remember Mark these important dates in your diary to ensure you're well-prepared for the competition: ● Team member registration begins: May 24, 2024 ● Team member registration ends: June 06, 2024 ● Extended registration phase: June 07, 2024 to June 12, 2024 (during this phase, new members can continue to join teams but cannot leave them) ● If you are considering to be a team captain: the captain registration phase takes place from May 17 to June 06, 2024 The Rewards Of Participation Let's embark on the thrilling adventure of Bitget's KCGI 2024 together, where not just handsome rewards but also invaluable experiences await you. Prize parade As a team member, you're eligible for a share of any team winnings based on the team’s overall performance in trading volume and PnL. Successful teams can win substantial prizes from the competition’s prize pool, which increases with the number of participants. Moreover, every participant in KCGI 2024, including team members, is automatically eligible for the individual competition. This aspect of the competition recognises and rewards personal excellence in trading, allowing you to shine on your own merits with: The top-tier triumphs ● Top 100 Mavericks: Excel in individual Profit and Loss (PnL) or trading volume and you could be one of the Top 100 traders reaping substantial financial rewards. This elite group enjoys not just monetary gains but also prestigious acknowledgment within the trading sphere. ● Daily High-Fliers: Each day offers a fresh chance to shine. The top 10 daily performers in individual PnL snag additional rewards, with the daily champion bagging a whopping 100 BGB and a Certificate of Honour—a daily dash for the daring! Welcoming the whizz kids ● Newcomer Highlights: New to Bitget? Step into the spotlight with the Newcomer Challenge. Top newcomers by PnL and trading volume can capture prizes from a dedicated newcomer prize pool, making your first foray into KCGI both rewarding and memorable. Added attractions ● Messi Tribute Prizes: Reach a trading volume of 60,000 USDT during the competition and you could enter the Messi tribute lucky draw. Fabulous prizes await, from high-end sports cars to Messi-signed memorabilia, which is a true blend of trading and sporting thrill. ● Early Registration Reward: Simply by registering early and ensuring your account boasts at least 100 USDT in assets, you qualify for enticing early bird rewards. It’s a small step for a trader, but one giant leap towards starting the competition with a bang! ● Task Completion Award: Users who satisfy all of the following requirements will receive trading bonuses: (1) register within the specified period (May 17 to June 06), (2) have at least 100 USDT in their futures account at the start of the competition on June 07 and (3) have successfully joined a team (of at least 10 participants included the captains themselves). More Than Money While the financial incentives of KCGI 2024 are certainly appealing, the real gems are the myriad experiences and personal growth opportunities the competition provides. Each trade serves as a skill sharpener that hones your abilities for future financial endeavours in a high-pressure environment. Outstanding performances not only enhance your reputation but also cement your status within the global trading community. Moreover, competing against some of the finest traders from around the world fosters resilience and bolsters your confidence, both of which are essential in navigating the often turbulent waters of cryptocurrency trading. Registering As A Team Member Step 1: Ensure eligibility Before you register, ensure your Bitget account is funded with at least 100 USDT in your futures account to meet the minimum requirement for participation. Step 2: Access the registration portal Visit the Bitget KCGI 2024 page . Here, you'll find all the information needed to join the competition, including details about the registration process. Step 3: Choose your team Browse the list of available teams and team captains. Consider the factors mentioned in the next part to make your choice. Once you’ve decided, confirm the team you wish to join. Step 4: Complete the registration Follow the prompts to complete your registration. This will likely include confirming your choice of team and entering any required information to finalize your team membership. Step 5: Engage with your team Once registered, actively engage with your team. Participate in pre-competition meetings, strategy sessions, and any training activities. Getting to know your team’s strengths and strategies can greatly enhance your collective and individual performance. Choosing The Right Captain And Team Selecting the ideal captain and team is a choice that can significantly impact your competition experience and outcomes. Here’s how to make that choice wisely: Consider the captain's track record When selecting a team to join, evaluate the captain’s trading history, leadership style, and past competition performance if available. A captain with a solid strategy and a consistent trading record can offer stability and guidance. Team strategy and goals Look for a team whose strategy aligns with your trading style. Whether you’re conservative or aggressive in your trading approach, matching with a team that shares your goals and risk tolerance is crucial. Communication and support Join a team that values open communication and mutual support. These aspects are vital for navigating the ups and downs of trading competitions and can make the experience more enjoyable and educational. As you embark on this exciting journey with your team, remember that your individual performance also counts significantly. Balancing team collaboration with personal trading goals can provide a fulfilling and potentially lucrative experience in Bitget's KCGI 2024. Engage fully with your team, but also seize the opportunity to make your mark individually.

Bitget Beginner's Guide — Introduction to Margin Mode

Overview - This article aims to introduce the definitions and concepts related to margin in futures trading, and how to effectively utilize margin to engage in the cryptocurrency market; - It also discusses and analyzes the risks associated with cryptocurrency margin trading; - The pros and cons of margin trading. When discussing futures trading in cryptocurrencies, the primary benefit is the amplification of an investor's purchasing power, fundamentally driven by the margin system. This system enables investors to trade with borrowed funds, often enabling them to acquire more assets than their cash accounts would permit. Because of the relatively high value of these trade positions, investors can achieve profits many times over their principal if they accurately predict market movements. Consequently, the introduction of margin trading has dramatically enhanced activity in cryptocurrency investments, making it one of the most sought-after products in the industry. What Is Margin Trading? Margin trading is undoubtedly one of the most significant innovations in the derivatives industry. Trading platforms rely on margin systems to ensure that both parties in a derivative futures can fulfill their obligations. So, how does this mechanism work? Requirements for margin can vary slightly across different trading platforms. For example, at Bitget, investors deposit a small portion of assets into their margin accounts and then have the opportunity to borrow funds, usually from the trading platform, which greatly enhances their purchasing power. Thus, margin is closely related to margin trading. For more details, refer to Bitget Coin-M Futures Leverage and Risk Management. Margin trading requires investors to re-evaluate their positions daily: those whose account balance falls below the required level must promptly top up their funds; otherwise, the trading platform will close their open positions until the account balance meets the minimum value. Additionally, investors can choose to exit positions they no longer wish to hold instead of depositing more funds. Having clarified these concepts, let us explore some of the terms and processes involved in margin trading to better understand its mechanisms. How Does Margin Trading Work? Initial Margin In cryptocurrency margin trading, investors must initially provide Bitget with a certain amount of margin, typically a small percentage of the cryptocurrency amount being traded, such as 10% or 20%—this is known as the initial margin. The initial margin represents the minimum amount required to execute the investor's requested positions. Essentially, the initial margin is directly related to the leverage of the position. For example, if you choose a leverage of 20x, your initial margin would need to be 5% of the total position amount. The larger the position, the lower the leverage and the higher the initial margin required. This arrangement allows investors to trade on a much larger scale than the actual quantity of cryptocurrencies they possess. For instance, if an investor wishes to engage in margin trading with 10 Bitcoins and selects a leverage of 10x, they would only need to provide 1 Bitcoin as margin to trade at the scale of 10 Bitcoins. This type of leveraged loan effectively magnifies the investor's capital, thereby enhancing their ability to capitalize on market fluctuations for profit. Maintenance Margin Maintenance margin is the total amount of funds required in an investor's account to maintain leveraged positions. It typically fluctuates based on the price differences of the relevant cryptocurrencies. Maintaining an adequate level of funds in the account is crucial for keeping positions open. Otherwise, investors will soon receive a notification from the trading platform, informing them that their leveraged positions may be at risk. This unwelcome message, known as margin call, signals that the investor's margin trading activities might soon be liquidated. At times, if the maintenance margin levels are not met, investors may be forced to liquidate their entire leveraged position. Maintenance margin for each position = maintenance margin rate × position value calculated at the current reasonable mark price. The transaction fees required to close a position (taker fees) are also included in the maintenance margin. This is the minimum margin necessary to maintain a position, and if the account balance falls below this threshold, the position will be liquidated. Details: Margin Overview Margin Mode In Futures Trading Now that we are familiar with the general aspects of margin trading, let's delve into the two most common margin modes in Bitget Futures Trading : cross margin and isolated margin. These two options are essentially two sides of the same coin, offering both conservative and high-risk strategies for investors. Isolated Margin Mode Isolated margin is a strategy that poses relatively lower risks without jeopardizing an investor's valuable assets. This approach allows investors to open a position that is completely isolated from other accounts. In an isolated margin position, whatever happens, will not affect the remainder of the investor's portfolio. A good isolated margin example is venturing into a new cryptocurrency or betting on a high-risk price variance in the market. In both scenarios, Bitget advises that it is wise not to put all your eggs in one basket. Using an isolated margin account gives investors the opportunity to take this risk and obtain the needed leverage without compromising any other funds. Thus, a trading failure becomes less of a concern, as experienced investors have a myriad of options to quickly mitigate risks. Having an independent isolated margin account allows investors to pursue distinctly different strategies without worrying about higher liquidation risks. Cross Margin Mode Conversely, we have a cross margin mode that flips the concept entirely. Imagine we already have a list of margin positions and are interested in obtaining one more. However, the margin requirements have become too high, nearly impossible to cover both the initial and maintenance margins assigned to the investor’s position. So, what would the correct approach for this scenario be? Should investors cease their trading efforts for the foreseeable future? No. With cross margin mode, investors can consolidate their positions with a unified margin balance. In simple terms, if an investor has ten different positions using the cross margin mode, they can share one margin balance. This option allows investors to add new portfolio positions without seeking significant liquidity. When it comes to high-risk plays in the cryptocurrency market, cross margin mode is less appealing. Under this strategy, the threat of margin calls remains across the investor’s entire margin portfolio. Imagine a profitable price movement opportunity that might enter the market in the coming weeks or months. With isolated margin, investors can luxuriously pursue this price movement without impacting their current positions. With cross margin trading, investors must consider this trade more carefully. After all, if the price movement does not succeed, investors might sacrifice months or even years of hard work. While cross margin does not accommodate opportunistic decisions, it gives traders a chance to develop a more prominent position package. Therefore, even if investors can no longer bet on attractive but risky market options, they can make it up in terms of trading volume. With enough initial margin, the cross margin mode will enable investors to accumulate a considerable margin balance, significantly multiplying their potential profits. In general, these two modes suit investors with different decision-making preferences. Isolated margin enhances the strategies of traders who like to pursue different strategies and limit their risk exposure to a single account. Conversely, cross margin trading allows you to build a vast portfolio but exposes your entire trading positions to general liquidation risks. There is no objective answer, but novice traders might be better suited to isolated margin, while each investor should decide for themselves—which strategy best fits their current situation and trading capabilities. Additionally, there are other margin concepts encountered in futures trading. Variation Margin Variation margin refers to the difference between the initial margin and the current (margin) balance, calculated when a margin call is issued. The amount of this margin varies because it must be determined individually based on different position scenarios. Available Margin The total amount of assets available each day to initiate new trades is known as the available margin. Bitget recommends that users engage in responsible trading with the aid of risk management tools. To facilitate this practice, when traders open positions in opposite directions using the same base and settlement currency, we only require margin for the position with the higher value. Consider this example: Bob wants to go long on 5 BTC on Bitget during favorable market conditions. However, due to high volatility, he also wants to go short on 2 BTC to offset the risk of the long position, so that if the price falls, he will not need to settle the entire 5 BTC. When Bob uses Bitget's Coin-M Futures or USDT-M Futures (note that these two positions must use the same settlement currency, such as USDT or BTC), his margin account will only be deducted for the margin required for the long position. This is a special design of the Bitget margin system, aimed at facilitating risk assessments and improving the efficiency of capital utilization. Risk Margin Risk margin is another type of margin requirement that determines the risk of each trader's account. From the example above, we know that Bob has mitigated his delivery obligations through hedging. The actual delivery obligation represents the maximum risk margin level, but it is updated in real time with changes in spot prices and futures values. We are proud to say that Bitget is the only cryptocurrency derivatives trading platform that uses this complex mechanism to better guard against liquidation risks. Conclusion Margin trading is more popular in less volatile markets, such as the international forex market. However, it is also applicable to cryptocurrency derivatives trading, helping more investors enter the cryptocurrency market. The essence of margin trading in cryptocurrency derivatives futures remains the same and has the following pros and cons: Pros: Traders can significantly enhance their profit levels with a small amount of investment capital. Bitget can offer up to 125x leverage, greatly magnifying potential returns. Ultimately, traders are able to open multiple positions at reasonable costs, achieving portfolio diversification. Pros: Margin trading is particularly suitable for experienced traders who spend considerable time in the market. Investors with good forecasting skills and a deep understanding of the cryptocurrency landscape can achieve considerable profits from margin trading. Margin trading does not allow you to own the cryptocurrency assets but allows you to gain from price differentials, whether profits or losses. Therefore, the main goal of this strategy is to benefit from price changes without actually bearing the risk of owning the assets. Cons: The biggest issue with margin trading is the increased trading risk, where the losses incurred can significantly exceed the trader's initial margin. In a highly volatile market like cryptocurrencies, traders must be aware that price fluctuations could lead to substantial losses. Related articles What Are Futures? How To Make Your First Futures Trade How to Avoid Liquidation A Comprehensive Introduction to USDT-M Futures, USDC-M Futures, and Coin-M Futures Key Futures Trading Terms and Their Application Scenarios Introduction to Futures Order Types

Bitget Learning Module 3, Episode 2: Decentralization Deep-dive

Welcome back to our Learning Module series. Today, we're guiding you through the world of decentralization. We know that decentralization can sound complicated, so we're here to simplify it for you. By the end of this article, you'll have a clear understanding of what decentralization is, why it matters, and how it's changing the digital landscape. Decentralization Deep-dive | Blockchain Pro Decentralization: Sharing Control for Everyone’s Benefit Decentralization is a concept that's reshaping the way we think about power and control in the digital world. Instead of having a single entity in charge, decentralization distributes power and control among many participants. This is made possible by blockchain technology, a secure, transparent digital ledger that's spread across countless computers. To better understand decentralization, let's compare it to centralization. In a centralized system, a single entity, like a bank or a government, has full control over decisions and data. This can lead to issues like data breaches, censorship, and corruption. In contrast, decentralized systems are more resilient, transparent, and democratic, as no single point of failure exists. DApps: Your Gateway to Decentralization Decentralized applications, or DApps, are the building blocks of the decentralized world. These applications operate independently on blockchain technology, cutting out the need for intermediaries. DApps are characterized by their open-source nature, allowing anyone to access their code, and they're governed by their users, promoting democratic decision-making. For those eager to explore the world of DApps, Bitget offers a convenient DApp browser. With access to over 20,000 DApps, users can effortlessly discover a variety of decentralized platforms, spanning from DeFi and NFT marketplaces to gaming apps. Smart Contracts: The Engine Behind DApps At the heart of DApps are smart contracts – self-executing agreements where contract terms are coded directly. These contracts automate tasks such as token swaps and digital art creation, ensuring a frictionless, transparent, and secure experience. By cutting out intermediaries, smart contracts make transactions quicker, cheaper, and more reliable. DeFi: A New Era of Finance This innovation paves the way for decentralized finance (DeFi), one of the most exciting applications of blockchain technology. DeFi harnesses the potential of smart contracts to reshape traditional financial services, including lending, borrowing, and trading. By sidestepping intermediaries like banks, DeFi democratizes financial services, fostering accessibility, efficiency, and inclusivity for all. Among the myriad DeFi platforms, notable examples include MakerDAO, facilitating loans backed by crypto collateral, and Uniswap, a decentralized exchange enabling seamless cryptocurrency swaps. In this diverse ecosystem, Bitget Wallet serves as an essential tool, offering a secure and user-friendly interface to manage your digital assets and navigate the expansive world of decentralized financial services. Embark on Your Decentralized Journey with Bitget As you dive into the world of decentralization, Bitget stands ready to be your trusted guide. Our DApp browser and Wallet offer the essential tools you need to explore the decentralized ecosystem, connect with innovative projects, and engage with the growing community of users and developers. Stay curious and keep an eye out for our upcoming article, where we'll delve deeper into the realms of Decentralized Finance (DeFi) and Centralized Finance (CeFi). Until then, trade smarter.

The Dawn of SOLS: A Beacon in the Crypto Landscape

In the ever-evolving tapestry of the crypto industry, a new contender has emerged, capturing the attention of enthusiasts and investors alike: SOLS. This article takes a deep dive into SOLS, exploring its inception, technological underpinnings, market impact, and the broader implications for the crypto ecosystem. Introduction to SOLS: Beyond the Basics At its core, SOLS represents more than just a digital asset; it embodies a paradigm shift in how we perceive Blockchain technology and its applications. While details about SOLS can be speculative, given the rapid innovation in the space, it's plausible to consider it as a token that leverages some of the most advanced features in blockchain technology today, possibly drawing inspiration from high-performance networks like Solana. SOLS is speculated to be built on a foundation that prioritizes scalability, speed, and efficiency. Drawing parallels with Solana, it could utilize a unique consensus mechanism, perhaps a variant of Proof of History (PoH), combined with Proof of Stake (PoS), to achieve unparalleled transaction speeds and throughput. This technological backbone is designed to support a wide array of applications, from decentralized finance (DeFi) platforms to non-fungible token (NFT) marketplaces, without the bottlenecks that have hampered older blockchain systems. Trade SOLS now on Bitget! Market Dynamics: Navigating the Waters The introduction of SOLS into the crypto market has stirred a significant buzz among investors and traders. Its launch is likely accompanied by a surge in trading volumes, as both retail and institutional participants seek to capitalize on its potential. The price volatility of SOLS, as with any cryptocurrency, is influenced by a myriad of factors including market sentiment, technological advancements, and broader economic indicators. As SOLS finds its footing, the initial fluctuations are a testament to the market's search for equilibrium, balancing the innovative potential against the inherent risks of new digital assets. Ecosystem Integration: A Synergistic Approach SOLS doesn't exist in isolation; it's part of a larger, interconnected ecosystem of tokens, platforms, and services. Its ability to seamlessly integrate with existing DeFi protocols, exchanges, and wallets is crucial for widespread adoption. Moreover, SOLS could potentially offer novel staking mechanisms, liquidity pools, and yield farming opportunities, further enriching the ecosystem and providing users with diverse avenues for engagement and investment. The Community Factor: Driving Adoption and Innovation The success of SOLS, much like any crypto asset, hinges on the strength and engagement of its community. From developers and content creators to everyday users, the community's role in shaping the trajectory of SOLS cannot be overstated. Through active participation in governance, development, and content creation, the community ensures that SOLS remains responsive to user needs and stays at the forefront of blockchain innovation. Regulatory Landscape: Navigating Compliance The regulatory environment plays a pivotal role in the adoption and growth of SOLS. As regulatory bodies around the world grapple with how to oversee the burgeoning crypto industry, SOLS must navigate these waters with agility. Ensuring compliance with varying regulatory standards across jurisdictions is paramount for maintaining user trust and securing the platform's longevity. Future Outlook: What Lies Ahead for SOLS Looking ahead, the potential for SOLS within the crypto industry is vast. As the technology matures and the ecosystem expands, SOLS could become a cornerstone of the next generation of blockchain applications. Its focus on scalability, speed, and user experience positions it as a candidate for widespread adoption, not just within the crypto space but also in mainstream financial systems and beyond. How to trade SOLS on Bitget Step 1: Go to the SOLSUSDT spot trading page Step 2: Enter the amount and the type of order, then click Buy/Sell. For detailed instructions on how to trade spot in Bitget, please read The Uncensored Guide To Bitget Spot Trading. Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Bitcoin's New Chapter: Exploring Ordinals and Inscriptions

In the ever-dynamic realm of cryptocurrency, Bitcoin has once again captured the spotlight with its latest innovation: Ordinals and Inscriptions. This groundbreaking development has not only revitalized interest in Bitcoin but also introduced a new layer of functionality and creativity to the world's first cryptocurrency. As we delve into this fascinating update, it's clear that Bitcoin continues to evolve, challenging the traditional boundaries of blockchain technology. The Genesis of Ordinals and Inscriptions The Ordinals protocol, a novel concept introduced into the Bitcoin ecosystem, has redefined the way we perceive individual satoshis, the smallest units of Bitcoin. Traditionally seen as mere fractions of a Bitcoin, Ordinals assigns a unique identifier to each satoshi, transforming them into distinguishable and individual entities. This individuality paves the way for Inscriptions, a feature that allows for the emb edding of data directly onto these satoshis. Unpacking Inscriptions: A New Digital Canvas Inscriptions leverage the unique identification provided by Ordinals to embed a variety of data types, from simple text and images to complex scripts, directly onto the Bitcoin blockchain. This has opened up a new digital canvas for creators, allowing for the creation of digital art, collectibles, and even tokenized assets directly on Bitcoin. The immutable nature of the blockchain ensures that these inscriptions are permanent, providing a robust foundation for digital ownership and authenticity. The Technical Underpinnings The technical innovation behind Ordinals and Inscriptions lies in its clever use of the Bitcoin blockchain's existing capabilities. By utilizing the previously underexplored potential of the "witness" part of transactions, the Ordinals protocol allows for the inclusion of additional data without altering Bitcoin's core functionality. This ensures that the network remains secure and decentralized, while also opening up new avenues for blockchain utility. The Cultural Impact: Bitcoin as a Medium for Creativity The introduction of Ordinals and Inscriptions has sparked a renaissance of creativity within the Bitcoin community. Artists, developers, and enthusiasts have embraced this new feature, creating a vibrant ecosystem of digital artifacts inscribed on the blockchain. This has not only expanded the utility of Bitcoin but also fostered a new culture of digital art and collectibles, further enriching the cryptocurrency landscape. Navigating the Challenges As with any major innovation, the introduction of Ordinals and Inscriptions has brought its share of challenges. The increased data load from inscriptions has raised concerns about network congestion, transaction fees, and the scalability of the Bitcoin network. Addressing these challenges requires a delicate balance between embracing new functionalities and maintaining the efficiency and security of the network. The Future of Ordinals and Inscriptions Looking ahead, the potential applications of Ordinals and Inscriptions extend far beyond digital art and collectibles. From tokenizing physical assets to creating decentralized identity solutions, the possibilities are vast. The key to unlocking these potentials lies in continuous innovation, community collaboration, and the development of scalable solutions that can accommodate the growing demand for Inscriptions. Ethical and Legal Considerations As the ecosystem around Ordinals and Inscriptions continues to evolve, so too do the ethical and legal considerations. The permanence of inscriptions raises questions about copyright, content moderation, and the potential for misuse. Navigating these complexities requires a concerted effort from developers, regulators, and the community to establish guidelines that foster innovation while ensuring responsible use. Conclusion: A New Era for Bitcoin The advent of Ordinals and Inscriptions marks a significant milestone in the evolution of Bitcoin. By introducing a new layer of functionality and creativity, this update reaffirms Bitcoin's position as a leading force in the cryptocurrency world. As we explore the myriad possibilities opened up by this innovation, it's clear that Bitcoin continues to redefine the boundaries of blockchain technology. In conclusion, the journey of Bitcoin is far from over. With each update and innovation, Bitcoin continues to surprise and inspire, paving the way for a future where the full potential of blockchain technology is realized. Ordinals and Inscriptions are just the beginning of this new chapter, and the Bitcoin community stands on the brink of exploring uncharted territories in the digital realm. Consider investing in Bitcoin (BTC) ? It only takes 2 minutes to create an account on Bitget and start trading BTC. Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

IQ50 (IQ50): A Meme Coin’s View on Crypto Investing

What is IQ50 (IQ50)? IQ50 (IQ50) is a meme coin on the Solana blockchain that exists primarily for entertainment rather than any practical use or financial return. However, beneath its whimsical facade lies a deeper commentary on the intersection of intellect, humor, and investment. The name "IQ50" itself is a playful nod to a humorous concept: the notion that individuals with an IQ of 50, significantly below the average IQ of 100, possess a better ability to navigate the complexities of crypto and turn a profit than others. It's a tongue-in-cheek jab at the traditional wisdom that intelligence correlates with financial success, suggesting instead that simplicity and intuition may sometimes prevail. How IQ50 (IQ50) Works IQ50 is a meme coin, so it does not really have elaborate whitepapers, development teams, and roadmaps. Rather, IQ50 operates on a simpler premise. It leverages the power of memes - specifically, imagery inspired by the popular Wojak series. Wojak, characterized by a simple, expressive face, has become an emblem of internet culture, capable of conveying a myriad of emotions and ideas. By tapping into the familiarity and appeal of Wojak, IQ50 cultivates a sense of community and camaraderie among meme enthusiasts, drawing attention to its unique brand of humor and irreverence. Furthermore, IQ50's association with the Solana meme coin trend amplifies its visibility within the cryptocurrency community. With a market capitalization exceeding $10 million, IQ50 has carved out a niche for itself in the crowded landscape of meme coins, captivating the imagination of investors and spectators alike. In a market often characterized by hype and speculation, IQ50 serves as a reminder not to take things too seriously. It's a playful satire of the hyper-analytical approach often associated with cryptocurrency investing, celebrating the absurdity and unpredictability inherent in the space. While some may dismiss IQ50 as frivolous or nonsensical, its growing popularity underscores a broader trend - the blurring of lines between internet culture and finance. In an age where memes can influence markets and social media trends can sway investment decisions, IQ50 stands as a testament to the power of online communities to reshape traditional paradigms. IQ50 Goes Live on Bitget IQ50 may appear as a whimsical creation in the serious world of crypto, but its significance goes beyond mere amusement. It reflects a cultural shift where digital communities redefine the boundaries of finance and humor. IQ50 reminds us that amidst the complexities of investment strategies and market analyses, there's room for lightheartedness and fun. So, while IQ50 may not revolutionize the financial world, its presence serves as a reminder to embrace the playful side of innovation and to approach even the most serious endeavors with a sense of humor. In the end, IQ50 embodies the spirit of the crypto community united by laughter and shared experiences. So join the IQ50 fun-loving community by trading the token on Bitget as it is listed on the exchange on March 18. How to Trade IQ50 on Bitget Step 1: Go to IQ50USDT spot trading page Step 2: Enter the amount and the type of order, then click Buy/Sell. IQ50 may not have the technical sophistication or big ambitions of other crypto projects, but its impact is undeniable. By embracing humor and meme, IQ50 challenges conventional wisdom and invites participants to join in on the joke. So, the next time you encounter IQ50 in the wild world of crypto, remember that it's okay to laugh sometimes, even in the finance world. Trade IQ50 on Bitget now! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

What Is Ondo (ONDO)?

What Is Ondo? Ondo, or Ondo Finance, is a U.S.-based issuer of tokenized securities. It was established in 2021 with a mission to democratize access to institutional-grade financial products and services using blockchain technology. Ondo represents a blend of traditional financial wisdom and innovative blockchain applications, aiming to improve both the infrastructure and accessibility of financial products. This US-based technology company has made significant strides in tokenizing securities and developing decentralized protocols to enhance the utility and distribution of these tokens. With a leadership team that includes former members of the Goldman Sachs Digital Assets team and partnerships with institutional giants like Blackrock and Morgan Stanley, Ondo stands at the forefront of integrating real-world financial assets with blockchain technology. The company's expansion into the Asia-Pacific region was marked by the opening of its first office in Hong Kong. Ondo offers a range of tokenized products, such as OUSG (exposure to US Treasuries), OMMF (exposure to US money market funds), and USDY (a yield-bearing alternative to conventional stablecoins), allowing investors worldwide to access key US-based asset classes in a tokenized format. This strategic move aligns with the crypto community in Asia-Pacific and the region's desire for high-quality exposure to US assets, further solidifying Ondo's position as a leader in the tokenized securities market. Resources Official Documents: https://docs.ondo.finance/ Official Website: https://ondo.finance/ How Does Ondo Work? Ondo operates at the intersection of traditional finance (TradFi) and decentralized finance (DeFi), offering a unique blend of products and services. At its core, Ondo facilitates the tokenization of securities, such as US Treasuries and money market funds, thereby bridging the gap between conventional financial assets and the blockchain world. This tokenization process involves converting financial assets into blockchain tokens, making them accessible and tradable on decentralized platforms. For instance, their OUSG token is backed by short-term US Treasuries, managed by BlackRock and custodied by major financial institutions like BNY Mellon and JP Morgan. This approach not only democratizes access to premium financial products but also adds a layer of security and transparency inherent to blockchain technology. In addition to tokenizing securities, Ondo has developed decentralized protocols to improve the distribution and utility of these tokens. One such protocol is Flux Finance, a decentralized platform that supports Ondo's tokenized US Treasuries. By leveraging blockchain technology, Ondo ensures that these protocols operate independently, governed by separate entities, thus maintaining a high standard of security and trust. The company emphasizes transparency and legal compliance, regularly undergoing financial and information security audits, and working closely with reputable institutional partners. Ondo's approach to cash management is another cornerstone of its operation. Recognizing the importance of balancing liquidity and yield, Ondo offers products like OUSG and OMMF, which invest in high-quality, liquid real-world assets. This strategy enables effective cash management for crypto-centric organizations and individuals, providing a safeguard against market volatility and inflation while offering potential returns. What Is ONDO Token? The ONDO token plays an important role in the governance of both Ondo Finance and the Flux Finance protocol. It has a total supply of 10 billion tokens. As a governance token, ONDO allows holders to participate in key decision-making processes and contribute to the development of the ecosystem. This includes proposing and voting on changes to the protocols, thereby ensuring a decentralized and community-driven approach to managing these financial platforms. The recent announcement by the Ondo Foundation regarding a points program and a proposal to unlock the ONDO token highlights the ongoing efforts to engage and empower the token holders within the ecosystem. What Determines Ondo’s Price? The price of ONDO token is shaped by a myriad of factors, pivotal among them being market demand, investor sentiment, and the evolving landscape of blockchain and decentralized finance (DeFi). In the context of cryptocurrency price predictions for 2024, potential investors closely monitor the historical price charts of ONDO, assessing its past performance to forecast future trends. The integration of Ondo's token in its unique offerings, such as tokenized US Treasuries and DeFi protocols, also plays a crucial role in determining its value. As the cryptocurrency market continues to mature, with increasing interest in innovative financial solutions, ONDO stands out as a potentially sound investment, especially for those looking to diversify into tokenized assets and participate in the DeFi sector. For those interested in investing or trading Ondo, one might wonder: Where to buy ONDO? You can purchase ONDO on leading exchanges, such as Bitget, which offers a secure and user-friendly platform for cryptocurrency enthusiasts.